Adapthealth Corp (AHCO)
AdaptHealth Corp. The company is headquartered in Plymouth Meeting, Pennsylvania.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 22.61% per annum.
- AHCO price at the close of April 29, 2025 was $8.37 and was lower than the bottom border of the primary price channel by $0.50 (5.63%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 8.19% per annum.
- AHCO price at the close of April 29, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of AHCO price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 18, 2023
End date: April 4, 2025
a = 1.3993
b = 0.0006
s = 0.1180
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 22.61%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1180) – 1
= 60.29%
September 18, 2023 calculations
Top border of price channel:
Exp(Y851)
= Exp(a + b × X851 + 2 × s)
= Exp(a + b × 1,236 + 2 × s)
= Exp(1.3993 + 0.0006 × 1,236 + 2 × 0.1180)
= Exp(2.3255)
= $10.23
Bottom border of price channel:
Exp(Y851)
= Exp(a + b × X851 – 2 × s)
= Exp(a + b × 1,236 – 2 × s)
= Exp(1.3993 + 0.0006 × 1,236 – 2 × 0.1180)
= Exp(1.8537)
= $6.38
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(1.3993 + 0.0006 × 1,800 + 2 × 0.1180)
= Exp(2.6405)
= $14.02
Bottom border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(1.3993 + 0.0006 × 1,800 – 2 × 0.1180)
= Exp(2.1687)
= $8.75
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 22.61% per annum.
- AHCO price at the close of April 29, 2025 was $8.37 and was lower than the bottom border of the primary price channel by $0.50 (5.63%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 27, 2024
End date: April 29, 2025
a = 2.6941
b = -0.0002
s = 0.0765
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -8.19%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0765) – 1
= 35.81%
February 27, 2024 calculations
Top border of price channel:
Exp(Y962)
= Exp(a + b × X962 + 2 × s)
= Exp(a + b × 1,398 + 2 × s)
= Exp(2.6941 + -0.0002 × 1,398 + 2 × 0.0765)
= Exp(2.5198)
= $12.43
Bottom border of price channel:
Exp(Y962)
= Exp(a + b × X962 – 2 × s)
= Exp(a + b × 1,398 – 2 × s)
= Exp(2.6941 + -0.0002 × 1,398 – 2 × 0.0765)
= Exp(2.2137)
= $9.15
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.6941 + -0.0002 × 1,825 + 2 × 0.0765)
= Exp(2.4198)
= $11.24
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.6941 + -0.0002 × 1,825 – 2 × 0.0765)
= Exp(2.1138)
= $8.28
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 8.19% per annum.
- AHCO price at the close of April 29, 2025 was inside the secondary price channel.